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Standard Motor Products Q1 Results Top Estimates

Standard Motor Products Q1 Results Top Estimates

Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the first quarter declined to $9.86 million or $0.44 per share from $12.70 million or $0.57 per share in the prior-year quarter.
RTTNews | 503 일 전
Verisk Q1 Results Top Estimates; Backs FY24 Outlook

Verisk Q1 Results Top Estimates; Backs FY24 Outlook

Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reported Wednesday that net income attributable to Verisk for the first quarter soared to $219.6 million or $1.52 per share from $56.3 million or $0.37 per share in the prior-year quarter.
RTTNews | 503 일 전
Bay Street Likely To Open On Mixed Note; Fed Policy Eyed

Bay Street Likely To Open On Mixed Note; Fed Policy Eyed

It's likely to be a mixed start for Canadian shares Wednesday morning, with investors tracking commodity prices and earnings updates, and looking ahead to the Federal Reserve's monetary policy announcement.
RTTNews | 503 일 전
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Estee Lauder Slashes FY24 Outlook - Update

Estee Lauder Slashes FY24 Outlook - Update

While reporting financial results for the third quarter on Wednesday, Estee Lauder Cos., Inc. (EL) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2024. The company also provided outlook for the fourth quarter, well below estimates.
RTTNews | 503 일 전
Lower Futures Point To Weak Opening On Wall Street; Fed Policy Eyed

Lower Futures Point To Weak Opening On Wall Street; Fed Policy Eyed

Although lower futures currently point to a weak start for U.S. stocks Wednesday morning, the mood may change positive if some of the data due ahead of the opening bell turn out to be a bit encouraging. However, the focus today is on the Federal Reserve's monetary policy announcement, due later in the day.
RTTNews | 503 일 전
UK Manufacturing Activity Slips Into Contraction

UK Manufacturing Activity Slips Into Contraction

The UK manufacturing activity slid into contraction at the start of the second quarter as improvement in output and new orders were short-lived amid uncertain market conditions, client destocking and supply chain disruptions. The S&P Global final manufacturing Purchasing Managers' Index fell to 49.1 in April from a 20-month high of 50.3 in March, survey results showed on Wednesday. The score was
RTTNews | 503 일 전

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